President Vladimir Putin is restricting imports of food and agricultural products from the countries that have imposed sanctions against Russia for its hand in the Ukraine conflict.

Putin's decree, which the Kremlin released on Wednesday, says the imports will be "banned or limited" for one year. Though the decree doesn't name specific countries or products, it has an order for government agencies to create a list.

The move follows the latest round of sanctions against Russia that the U.S. and European Union imposed last week. For the first time, the sanctions targeted entire sectors of the Russian economy, rather than just individuals in Putin's inner circle.

Those sanctions are hitting Russia harder than ever as they target an already weak Russian economy in its energy, arms and finance sectors. With the European Union on board, President Barack Obama said on July 29 that these sanctions will have "an even bigger bite" on Russia.

The latest round of sanctions, which build upon those that the U.S. unleashed nearly a months ago, are against Russian banks and a shipbuilding company in St. Petersburg. The U.S. is formally suspending credit that encourages exports to Russia in an effort to wound its energy sector.

Also included is an arms embargo on Moscow and a ban on the unapproved sale to the Russians of technology that has dual military and civilian uses or is sensitive, such as advanced equipment used in deep-sea and Arctic oil drilling.

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